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China is about to overthrow London in gold trading, Maguire tells KWN

IMG Auteur
Publié le 28 février 2015
85 mots - Temps de lecture : moins d'une minute
( 1 vote, 1/5 ) , 1 commentaire
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SUIVRE : Andrew Maguire Lbma
Rubrique : Fil D'Or

 

Having inserted its government-owned banks into the new London gold price fixing system, China will overthrow the London bullion banks with a new gold exchange that cuts the banks out of any privileged position in the market, Maguire says. He predicts that as the London market loses pricing power, the bullion banks operating there no longer will be able to deliver real metal and will be forced to settle contracts in cash. An excerpt from Maguire's interview is posted at the KWN blog here:

http://kingworldnews.com/andrew-maguire-lbma-paper-ponzi-crushed-gold-si...

 

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This a good slap in the face for the downright crooked bullion banks,traders that have been front running ie algorythm trading etc
It had to take a move of this nature to show us up the West just how corrupt we are,how downright dishonest we are ,just how
utterly unreliable we are.....In short one hellava dispicable lot.

Very good news for TRANSPARENCY,MARKET DISCOVERY and the like.
For the very first time the data that will flow into the likes of www.stockcharts.com,www.bigcharts.com etc will be ACCURATE
How anyone that has been following bullion charts can really say they believe what they see beats me SHIT IN SHIT OUT

Lets see what the prices will post the move from the LBMA the filthy cheats
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This a good slap in the face for the downright crooked bullion banks,traders that have been front running ie algorythm trading etc It had to take a move of this nature to show us up the West just how corrupt we are,how downright dishonest we are ,just ho  Lire la suite
neville - 28/02/2015 à 10:30 GMT
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